· Tuesday
Daily briefs generated by sembr, the open-source semantic intelligence engine · every item links to its sources
CPI-week countdown: hike pricing re-converges near 60% as 10Y presses 4.8% with real rates at 2.92%; buyback launch and Brent ~$100 test the long end
September hike pricing has re-converged around 60% (CME FedWatch 60.4%) with Thursday's PPI and Friday's CPI as the sole arbiters, while the 10Y presses ~4.8% — long-term real rates at 2.92% — and Brent nears $100 ahead of the Treasury's expanded buyback launch tomorrow .
Houthi strikes on Saudi Arabia open a second front as Brent tops $99 and Hormuz stays impaired
The war widened beyond Hormuz on 09/08 — Iran-backed Houthis struck four cities in southern Saudi Arabia, wounding more than 70 and halting operations at some energy facilities, pushing Brent above $99 for the first time since late July, while Hormuz transits hold at 10/day (May low) and Iran says a shipping-management deal with Oman is "days away" .